Federal Reserve bank

noun

: one of 12 reserve banks set up under the Federal Reserve Act to hold reserves and discount commercial paper for affiliated banks in their respective districts

Examples of Federal Reserve bank in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Some banks, including Federal Reserve banks, Chase Bank, Fifth Third Bank, PNC Bank, Bank of America and Wells Fargo will be closed. Kaycee Sloan, The Enquirer, 2 July 2025 Juneteenth is a Federal Reserve bank holiday, USA TODAY reports, meaning most banks, such as Wells Fargo, Citibank, Bank of America, Truist and others, will also be closed on June 19. Alex Perry, Cincinnati Enquirer, 19 June 2025 The Federal Reserve banks as well as most major banks will be closed. Ramishah Maruf, CNN Money, 25 May 2025 Surveys by Federal Reserve banks in Atlanta and Dallas have found that most companies would eat at least some of the tariff costs this time around. Anne D'innocenzio, Chicago Tribune, 19 May 2025 Business and consumer sentiment have sagged, which was reinforced by data on Wednesday from two regional Federal Reserve banks and Duke University that showed optimism among company chief financial officers dropped in the first quarter. Lucia Mutikani, USA Today, 27 Mar. 2025 Research conducted by Federal Reserve banks as well as the International Trade Commission found that steel and aluminum prices increased as a result of the tariffs, despite carve-outs exempting Canadian aluminum. Alicia Wallace, CNN, 12 Feb. 2025 Only about 16% of payments are made in cash, per the Federal Reserve banks, and cash is no longer the most popular form of payment even for purchases under $25. Felix Salmon, Axios, 2 Feb. 2025 The Treasury would fund the purchases with profits on Federal Reserve banks' deposits and gold holdings. Gertrude Chavez-Dreyfuss and Lisa Pauline Mattackal, USA TODAY, 17 Dec. 2024

Word History

First Known Use

1913, in the meaning defined above

Time Traveler
The first known use of Federal Reserve bank was in 1913

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Cite this Entry

“Federal Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Federal%20Reserve%20bank. Accessed 16 Jul. 2025.

Legal Definition

Federal Reserve bank

see bank

Last Updated: - Updated example sentences
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